Yesterday, the Reserve Bank of Australia (RBA) announced a 0.25% rate cut, and we’re passing on the savings!
From 17 March 2025, MA Money will lower variable interest rates by 0.25% for all new and existing customers. That means lower repayments and more money in your pocket.
What This Means for You
A lower interest rate means your home loan repayments will decrease, helping you save money every month.
That’s extra money you can put towards your savings, bills, or even an extra repayment to pay off your home loan sooner.
Does This Change My Loan?
If you’re an existing MA Money customer, your new rate will be automatically updated from 17 March 2025 – no action needed.
Can I Borrow More Now?
A lower interest rate can also help with borrowing power. Since repayments are lower, you may be able to qualify for a larger loan than before. If you’re thinking about buying a new home, refinancing, or investing, speak to your mortgage broker to see what’s possible.
Have Questions?
- Already an MA Money customer? Contact our team if you’d like to discuss your loan.
- Looking for a home loan? Speak to your mortgage broker to explore your options.
We’re always here to help!
